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687-705 High Street, PRESTON, VIC 3072
Preston
CBRE Freestanding Retail Investments & CBRE Victorian Development Sites is pleased to present for your consideration the ‘Preston Toyota Site’, a land-rich intergenerational investment with unrivalled future development scope in Melbourne’s highly sought after inner north.
The property is best described as follows:
+Strategic 1.48ha* premium gateway corner site
+Triple street frontage to High Street (103m*), Regent Street (99m*) and William Street (25m*)
+Established quality improvements comprising 4,700sqm* motor vehicle showrooms, spare parts showroom/store, service centre, carwash and large hardstand area
+Leased to ASX listed Eagers Automotive (ASX:APE) with a market cap of over $4.2Billion.
+Strong net income of $1,082,345 p.a.* plus 3.5% annual increases
+Priority Development Zone (PDZ) promoting high density development (STCA).
+Positioned within Preston’s activity centre, only 250m* to Regent Train Station, 500m* to Woolworths & 600m* to Preston Market.
For Sale Via International Expressions of Interest Closing Thursday 23rd September 2021 at 2:00PM (AEST)
For further information please contact the exclusive sales and marketing agents at CBRE:
Nathan Mufale
+61 421 224 354
David Minty
+61 422 564 199
Jing Jun (JJ) Heng 王敬君
+61 411 059 116
Remember to mention you found this property on DevelopmentReady
CBRE Freestanding Retail Investments & CBRE Victorian Development Sites is pleased to present for your consideration the ‘Preston Toyota Site’, a land-rich intergenerational investment with unrivalled future development scope in Melbourne’s highly sought after inner north.
The property is best described as follows:
+Strategic 1.48ha* premium gateway corner site
+Triple street frontage to High Street (103m*), Regent Street (99m*) and William Street (25m*)
+Established quality improvements comprising 4,700sqm* motor vehicle showrooms, spare parts showroom/store, service centre, carwash and large hardstand area
+Leased to ASX listed Eagers Automotive (ASX:APE) with a market cap of over $4.2Billion.
+Strong net income of $1,082,345 p.a.* plus 3.5% annual increases
+Priority Development Zone (PDZ) promoting high density development (STCA).
+Positioned within Preston’s activity centre, only 250m* to Regent Train Station, 500m* to Woolworths & 600m* to Preston Market.
For Sale Via International Expressions of Interest Closing Thursday 23rd September 2021 at 2:00PM (AEST)
For further information please contact the exclusive sales and marketing agents at CBRE:
Nathan Mufale
+61 421 224 354
David Minty
+61 422 564 199
Jing Jun (JJ) Heng 王敬君
+61 411 059 116
Remember to mention you found this property on DevelopmentReady
687-705 High Street, PRESTON, VIC 3072
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
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Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
